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EIN 36-4348318

The Rich Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Sugar Grove
State
Illinois
Year formed
2000
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Rich Foundation primarily funds charitable organizations to support its mission. The purpose of the foundation is to use the sale proceeds from its investment account to fund its charitable purpose. Grantees of the foundation include Giant Steps and other organizations. Last year, the foundation made 20 grants. The nonprofit type of the organization is a private foundation. The Rich Foundation is located in Sugar Grove, IL.
Total revenues
$613,049
2023
Total expenses
$494,895
2023
Total assets
$6,576,569
2023
Num. employees
0
2023

Program areas at The Rich Foundation

The sale proceeds from investment account is used to fund The charitable purpose.

Grants made by The Rich Foundation

GranteeGrant descriptionAmount
Pine Tree Golf Club IncorporatedCharitable To Support Organization's Mission$140,000
Giant StepsCharitable To Support Organization's Mission$35,762
Rush Copley FoundationCharitable To Support Organization's Mission$28,183
...and 12 more grants made

Personnel at The Rich Foundation

NameTitleCompensation
Jerome RichPresident$0

Financials for The Rich Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$540,000
Investment income and dividends$126,214
Net rental income$0
Net gain from sale of non-inventory assets$-53,165
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$613,049

Form 990s for The Rich Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990PFView PDF
2022-122023-05-15990PFView PDF
2021-122022-05-13990PFView PDF
2020-122021-07-28990PFView PDF
2018-122019-08-17990PFView PDF
...and 7 more Form 990s
Data update history
July 9, 2024
Posted financials
Added Form 990PF for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 1, 2022
Posted financials
Added Form 990PF for fiscal year 2020
June 28, 2022
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 369
Sugar Grove, IL 60554
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Kane County, IL
Website URL
richfoundationatlanta.org/ 
Phone
(630) 466-7610
IRS details
EIN
36-4348318
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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